Phi Beta Iota: $141M is chump change. Beyond that are the tens of billions paid in fines for violating laws — e.g. $5B for manipulating the multi-trillion foreign exchange markets with tens of billions in illicit profit that also bankrupts the unwitting. What we have are politicians guilty of treason who sell out for chump change, while continuously legalizing high crimes against the public interest.
This book reconstructs how a group of nineteenth-century labor reformers appropriated and radicalized the republican tradition. These ‘labor republicans' derived their definition of freedom from a long tradition of political theory dating back to the classical republics. In this tradition, to be free is to be independent of anyone else's will – to be dependent is to be a slave. Borrowing these ideas, labor republicans argued that wage laborers were unfree because of their abject dependence on their employers. Workers in a cooperative, on the other hand, were considered free because they equally and collectively controlled their work. Although these labor republicans are relatively unknown, this book details their unique, contemporary, and valuable perspective on both American history and the organization of the economy.
From PayPal to Amazon to Visa & MasterCard, we now know that it is time to end our reliance on intermediaries. This moral policing by Visa and MasterCard is horribly ignorant, wrong, and should be a basis for public boycott of both of these card services — what's next: not letting you use payment cards to buy organic food because Monsanto says that is wrong? The hubris of Visa and MasterCard on this matter is deeply troubling.
SR has been covering the rise of Oklahoma earthquakes since they first began, and it has been fascinating in a macabre kind of way to watch the people of Oklahoma vote again and again for politicians who support Fracking, even as their homes are falling down as a result of Fracking.
As this report spells out, “By 2030, Asia-Pacific countries will comprise nearly two-thirds of the global middle class, dwarfing the projected one-fifth for Europe and North America combined.” Along with climate change this is one of the great geopolitical meta-trends that will define the 21st century. In the U.S., one has to also add The Emerging White Minority Trend. And yet you will find barely a mention of this anywhere in corporate media. Why is that do you think? Austerity economics and deregulation have virtually destroyed the American middle class, certainly made it a shadow of its former self. In those European countries which embraced Austerity Economics a similar process has been going on. At the same time India, China, the Asia-Pacific nations, are creating a middle class that will dwarf its White counterpart. Power will shift. Our intransigence concerning climate change, means leadership will go elsewhere, and will increase the speed of this transfer. We are going into a different world. And because profit is our only cultural priority, we are doing it rather badly.
USA Not #1 in Health, Family, Income and More: Ranks #29 Among 30 Countries
When someone tells you the United States is the best country in the world to live, ask them on what grounds or with what data do they make this claim. They would not make such a statement if they had all the facts marshalled in the ebook-report summarized in this article. The author looks at, according to Paul Rosenberg, “eight indicators each in seven categories, ranking counties in order along with precise figures for how they score. The seven categories are: health, family, education, income and leisure, freedom and democracy, public order and safety, and generosity. Indicators include things like life expectancy at birth, infant mortality rate, share of income received by richest 10 per cent, years of life lost in injury, etc.”